Ayala Corp., a diversified investment holding company, reported a record net income of P42.0 billion for 2024, up 10 percent year-on-year increase. Excluding one-off items, its core net income hit P45.0 billion, marking a significant milestone for the company.
The Bank of the Philippine Islands (BPI), led by the Ayala Group, has unveiled its new digital payroll solution, ePayroll, designed to streamline payroll management for businesses while enhancing employee onboarding. The system, integrated into BPI’s corporate banking platform, BPI BizLink, is set to simplify payroll processing, allowing businesses to onboard employees and disburse salaries with ease and efficiency.
Yields on Treasury bills were mixed at Monday’s auction, as strong investor demand built up over the past two weeks pulled down rates for shorter-dated securities, while longer tenors edged higher despite selective bid rejections, underscoring lingering uncertainty in the market.